Digital Brand Media and Marketing Group Inc (DBMM)

[MU_Redskin1]

DBMM REITERATES LTI FUNDING and planned uplisting!!

https://www.dbmmgroup.com/shareholder-update-march-27-2023/

It is worthwhile for clarity to repeat the discussion of funding initiatives in the Update of March 13, 2023, as follows:

Since new, Long Term Investors (LTIs) supported the Company since the Fall of 2017 to cure the SEC late filings and ensure financial support for the future way forward, the next step is Capital Infusion for growth and potential future acquisitions. These current and potential partners all have different geographies and some are existing supporters of the business. NASDAQ is the ultimate objective.”

The Company has a third-party, well-known financial risk advisory firm that conducts due diligence of any funding under consideration. This is the advantage of Management’s relationships and reach in concert with LTIs. To repeat: The current cash flow funding represents audited results at $1.5 million and grows quarterly.

Capturing the current state of play is important for clarity. A continuing concern of small, public companies like DBMM is participating with regulators and other organizations to flush out charlatans and bad actors, and various persons whose sole purpose is to depress pps to their or their group’s advantage. These tactics have been publicly highlighted in recent financial news in the banking and related sectors.

Regulators are attempting to catch up with the nefarious end runs which are attempted with OTC companies over the years. The Amendments to the 15c2-11 executed September 28, 2021 was the latest intervention, long-awaited, to stopgap the bad actors. Over 2,000 companies were removed from trading by OTC Markets (“OTCM”), and OTCM was delegated authority and oversight for OTC trading. Coincidentally, DBMM was acknowledged as “Pink Current.” The CE was subsequently removed following OTCM instructions, with an Uplisting next step following OTCM guidance and criteria.

New funding and naked shorting investigations will propel DBMM into a huge MOASS .... PATIENCE=PROFITS!

GLTA DBMM 2.0!

Cheers, Red